Uruguay: 2001 Article IV Consultation and First Review under the Stand-By Arrangement — Staff Report; Public Information Notice and News Brief on the Executive Board Discussion

March 15, 2001

Preview Citation

Format: Chicago

Uruguay: 2001 Article IV Consultation and First Review under the Stand-By Arrangement — Staff Report; Public Information Notice and News Brief on the Executive Board Discussion, (USA: International Monetary Fund, 2001) accessed March 11, 2025

Summary

After the recession, Uruguay continued to face difficult economic conditions under the Stand-By Arrangement. Executive Directors emphasized the need to promote sustainable growth with low inflation and high employment. They welcomed Uruguay's continued commitment to trade liberalization, and stressed the need for fiscal discipline, improved competitiveness, strong fiscal and monetary policies, structural reforms, and measures to strengthen the performance of public enterprises. They observed that the country's economic statistics are adequate for the assessment and monitoring of macroeconomic policies.

Subject: Banking, Economic sectors, External debt, Financial institutions, Government debt management, Loans, Public debt, Public financial management (PFM), Public sector

Keywords: Adjustment effort, Asia and Pacific, Cost, CR, Economy, Executive board discussion, Government debt management, ISCR, Loans, Oil import cost, Public sector, Stand-by credit, U.S. dollar, Uruguay's performance

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/046
Stock No:

1URYEA0012001
ISBN:

9781451839210
ISSN:

1934-7685

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